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New car sales still accelerating

NEW CAR SALES raced ahead again last month, according to official figures. A total of 72,163 new vehicles were registered in August 2014 - a 9.4% rise on August 2013 and the 30th consecutive month of growth, the Society of Motor Manufacturers and Traders (SMMT) said. Last month's figure took the year-to-date total to more than 1.53 million - a 10.1% rise on the total for the first eight months of 2013.

New Mercedes SLK caught testing

The next generation (2012) Mercedes SLK caught testing at the Nurburgring The next generation SLK looks to be more aggressive in stance, with a nose that takes on the family theme from the new Mercedes E-Class. It seems likely that the new SLK will come with a new set of engines, with more than a passing nod to eco-concerns. In will come a 1.6 litre, four-pot supercharged engine that will pick up the mantle from the old 1.8 litre Kompressor engine – same power – or more – with lower emissions and better economy.

Senate approves tax break for auto loan interest

The U.S. Senate voted on Monday to make loan interest and sales taxes on vehicle purchases deductible from federal income taxes. The proposal, championed by the National Automobile Dealers Association, was added to an economic stimulus bill under debate in the Senate.